Finance News: Latest Financial News, Finance News today in Bangladesh

Islamic banks lag behind conventional peers in deposit growth

Islamic banks in Bangladesh recorded sluggish deposit growth in June 2025, trailing well behind their conventional counterparts despite an overall uptick in the banking sector's performance.Deposits in the Islamic banks rose by just 2.67 per cent year-on-year to Tk 4.52 trillion in June 2025, up from Tk 4.40 trillion a...

Bangladesh's Mustafizur Rahman bowls during the Asia Cup 2025 Twenty20

Bangladesh's Mustafizur Rahman bowls during the Asia Cup 2025 Twenty20 international cricket match between Bangladesh and Hong Kong at the Sheikh Zayed Cricket Stadium in Abu Dhabi on Thursday. — AFP

Fossil fuel producers behind heat waves

A new study has found that 55 of the heat waves recorded over the past 25 years would have been virtually impossible without human-caused climate change, highlighting the role of major fossil fuel and cement producers in driving extreme heat events, reports AP.Published Wednesday in the journal Nature, the study...

Public procurement rules brace for major revision

The government is set to make a major revision in the public procurement rules (PPR), eliminating the existing provision of 10 per cent price cap on the official estimation of any public procurement, officials said on Wednesday.After the revision, the public sector procuring entities (PEs) would be barred from giving...

EU leader calls for sanctions against Israel

European Commission President Ursula von der Leyen said Wednesday she will seek sanctions and a partial trade suspension against Israel over the war in Gaza, reports AP.The 27-nation EU is deeply divided in its approach to Israel and the Palestinians, and it's unclear whether a majority will be found to...

BPC set to float re-tender for the maiden Tk 80b SMP's jobs

The lone bidder -- Indonesian PT Pertamina - quoted higher-than- expected costs in the tender for operations and maintenance (O&M) of the country's maiden Tk 80-billion single-point mooring (SPM).As a result, the state-run Bangladesh Petroleum Corporation (BPC) is set to cancel the bid and go for re-tender for the same,...

NCC weighs 4 options including special order or referendum

The National Consensus Commission is considering a special constitutional order or a referendum to implement the July National Charter's reform proposals, reports UNB.Four options to implement the July Charter were mainly discussed in the talks between the Consensus Commission and political parties, held at the Foreign Service Academy in the...